Patterson Companies Company Profile (NASDAQ:PDCO)

About Patterson Companies (NASDAQ:PDCO)

Patterson Companies logoPatterson Companies, Inc. is a value-added distributor focused on providing a customer experience to professionals in the dental and animal health markets. The Company operates through three segments: dental, animal health and corporate. Dental and Animal health are strategic business units that offer similar products and services to different customer bases. Dental provides a virtually complete range of consumable dental products, equipment and software and turnkey digital solutions. In addition it provides value-added services to dentists, dental laboratories, institutions and other healthcare professionals throughout North America. Animal health is a leading, full-line distributor of animal health products, services and technologies. Corporate segment is comprised of general and administrative expenses, including home office support costs in areas such as information technology, finance, legal, human resources and facilities.

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Medical Equipment Wholesale
  • Sub-Industry: Health Care Distributors
  • Symbol: NASDAQ:PDCO
  • CUSIP: 70339510
  • Web:
  • Market Cap: $4.24 billion
  • Outstanding Shares: 95,459,000
Average Prices:
  • 50 Day Moving Avg: $43.96
  • 200 Day Moving Avg: $43.24
  • 52 Week Range: $36.46 - $50.40
  • Trailing P/E Ratio: 23.64
  • Foreward P/E Ratio: 18.88
  • P/E Growth: 2.63
Sales & Book Value:
  • Annual Revenue: $5.6 billion
  • Price / Sales: 0.76
  • Book Value: $14.63 per share
  • Price / Book: 3.06
  • Annual Dividend: $0.96
  • Dividend Yield: 2.4%
  • EBIDTA: $424.75 million
  • Net Margins: 3.69%
  • Return on Equity: 17.17%
  • Return on Assets: 6.82%
  • Debt-to-Equity Ratio: 0.72%
  • Current Ratio: 1.94%
  • Quick Ratio: 1.10%
  • Average Volume: 840,824 shs.
  • Beta: 0.87
  • Short Ratio: 8.85

Frequently Asked Questions for Patterson Companies (NASDAQ:PDCO)

What is Patterson Companies' stock symbol?

Patterson Companies trades on the NASDAQ under the ticker symbol "PDCO."

How often does Patterson Companies pay dividends? What is the dividend yield for Patterson Companies?

Patterson Companies announced a quarterly dividend on Tuesday, March 14th. Investors of record on Friday, April 14th will be paid a dividend of $0.26 per share on Friday, April 28th. This represents a $1.04 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date is Tuesday, April 11th. This is a boost from Patterson Companies's previous quarterly dividend of $0.24. View Patterson Companies' Dividend History.

How were Patterson Companies' earnings last quarter?

Patterson Companies, Inc. (NASDAQ:PDCO) issued its quarterly earnings data on Thursday, May, 25th. The company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.04. The business earned $1.45 billion during the quarter, compared to analysts' expectations of $1.46 billion. Patterson Companies had a return on equity of 17.17% and a net margin of 3.69%. The company's revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.77 EPS. View Patterson Companies' Earnings History.

What guidance has Patterson Companies issued on next quarter's earnings?

Patterson Companies issued an update on its FY18 earnings guidance on Thursday, May, 25th. The company provided EPS guidance of $2.25-2.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.37.

Where is Patterson Companies' stock going? Where will Patterson Companies' stock price be in 2017?

10 brokers have issued twelve-month target prices for Patterson Companies' stock. Their predictions range from $39.00 to $47.00. On average, they expect Patterson Companies' share price to reach $42.71 in the next year. View Analyst Ratings for Patterson Companies.

What are analysts saying about Patterson Companies stock?

Here are some recent quotes from research analysts about Patterson Companies stock:

  • 1. According to Zacks Investment Research, "We remain particularly upbeat about the growth prospects of The Patterson Companies’ Animal Health segment. Additionally the company offers a wide range of consumable supplies, equipment and software, and value-added services to its customers, which is likely to enhance the company’s growth trajectory for the long haul. Patterson Companies, Inc. exited third quarter 2017 on a stable note beating the Zacks Consensus Estimate for both earnings and sales. The upside came mainly from higher-than-expected performance in Animal Health platform business. Unfavorable foreign exchange rate and higher operating expenses are major concerns at present. The U.S. dental products distribution industry is highly competitive, which poises a major threat to Patterson Companies. Finally the stocks overvaluation reflects a relatively dull scenario that might be a cause for investors’ concern." (5/15/2017)
  • 2. Stifel Nicolaus analysts commented, "Our accompanying survey diligence (n = 72) highlights near-term market share concerns for Patterson's dental business amid turnover in the company's sales reps and decision not to extend exclusivity for Sirona equipment (largely CEREC and imaging) after September 2017. Longer term, our findings suggest pressure from alternative sources of supply (e.g., Amazon) is creeping into the equation and the prominence of GPOs seems likely to increase, which in short, could shift purchasing power toward the dental practices and curtail future growth. Additionally, competition for large DSO contracts is heating up as evidenced by the recent Patterson / Heartland deal. While Dental and Veterinary continue to offer compelling end market dynamics, the headwinds detailed in our survey keep us on the sidelines with the belief that the lower multiples recently ascribed to these businesses may become the new normal. We reiterate our Hold rating on PDCO and lower our target price to $39 (from $41)." (1/30/2017)

Are investors shorting Patterson Companies?

Patterson Companies saw a increase in short interest during the month of April. As of April 13th, there was short interest totalling 11,266,663 shares, an increase of 7.6% from the March 31st total of 10,467,050 shares. Based on an average daily trading volume, of 729,354 shares, the short-interest ratio is presently 15.4 days.

Who are some of Patterson Companies' key competitors?

Who owns Patterson Companies stock?

Patterson Companies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Parnassus Investments CA (8.86%), Vanguard Group Inc. (8.66%), BlackRock Inc. (7.09%), State Street Corp (4.41%), Fairpointe Capital LLC (3.69%) and Wells Fargo & Company MN (3.26%). Company insiders that own Patterson Companies stock include Ann B Gugino, Ellen A Rudnick, James W Wiltz, Jerome E Thygesen and John D Buck. View Institutional Ownership Trends for Patterson Companies.

Who sold Patterson Companies stock? Who is selling Patterson Companies stock?

Patterson Companies' stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Bank of America Corp DE, Wellington Management Group LLP, Nuance Investments LLC, Westwood Holdings Group Inc., FMR LLC, Janus Capital Management LLC and Gamco Investors INC. ET AL. Company insiders that have sold Patterson Companies stock in the last year include Ann B Gugino, Ellen A Rudnick and James W Wiltz. View Insider Buying and Selling for Patterson Companies.

Who bought Patterson Companies stock? Who is buying Patterson Companies stock?

Patterson Companies' stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Barrow Hanley Mewhinney & Strauss LLC, Fairpointe Capital LLC, Shapiro Capital Management LLC, Parnassus Investments CA, Vanguard Group Inc., Stack Financial Management Inc and United Services Automobile Association. View Insider Buying and Selling for Patterson Companies.

How do I buy Patterson Companies stock?

Shares of Patterson Companies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Patterson Companies stock cost?

One share of Patterson Companies stock can currently be purchased for approximately $44.75.

Analyst Ratings

Consensus Ratings for Patterson Companies (NASDAQ:PDCO) (?)
Ratings Breakdown: 3 Sell Ratings, 5 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.90)
Consensus Price Target: $42.71 (4.55% downside)

Analysts' Ratings History for Patterson Companies (NASDAQ:PDCO)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Jefferies Group LLCReiterated RatingHold$40.00LowView Rating Details
4/11/2017Craig HallumInitiated CoverageHoldLowView Rating Details
3/15/2017Deutsche Bank AGInitiated CoverageHold -> Hold$45.00MediumView Rating Details
3/3/2017Evercore ISIDowngradeHold -> UnderperformN/AView Rating Details
3/1/2017Credit Suisse Group AGReiterated RatingHold$45.00N/AView Rating Details
1/30/2017Stifel NicolausReiterated RatingHold$39.00N/AView Rating Details
1/3/2017Robert W. BairdUpgradeNeutral -> Outperform$38.00 -> $47.00N/AView Rating Details
11/23/2016Off Wall StreetReiterated RatingSellN/AView Rating Details
11/1/2016Northcoast ResearchReiterated RatingBuyN/AView Rating Details
8/24/2016Bank of America CorpInitiated CoverageUnderperform$44.00N/AView Rating Details
12/2/2015GuggenheimUpgradeBuyN/AView Rating Details
11/24/2015William BlairReiterated RatingHoldN/AView Rating Details
8/28/2015Piper Jaffray CompaniesUpgradeNeutral -> Overweight$48.00 -> $54.00N/AView Rating Details
(Data available from 5/25/2015 forward)


Earnings History for Patterson Companies (NASDAQ:PDCO)
Earnings by Quarter for Patterson Companies (NASDAQ:PDCO)
Earnings History by Quarter for Patterson Companies (NASDAQ:PDCO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/25/20174/30/2017$0.65$0.69$1.46 billion$1.45 billionViewN/AView Earnings Details
2/23/2017Q317$0.57$0.58$1.43 billion$1.40 billionViewN/AView Earnings Details
11/22/2016Q217$0.60$0.56$1.44 billion$1.40 billionViewN/AView Earnings Details
8/25/2016Q117$0.51$0.51$1.35 billion$1.32 billionViewListenView Earnings Details
5/26/2016Q416$0.75$0.77$1.46 billion$1.45 billionViewListenView Earnings Details
2/25/2016Q316$0.67$0.68$1.40 billion$1.40 billionViewListenView Earnings Details
11/24/2015Q216$0.60$0.56$1.40 billion$1.39 billionViewListenView Earnings Details
8/27/2015Q116$0.54$0.47$1.14 billion$1.10 billionViewListenView Earnings Details
5/21/2015Q415$0.65$0.68$1.13 billion$1.10 billionViewListenView Earnings Details
2/19/2015Q315$0.59$0.55$1.12 billion$1.10 billionViewN/AView Earnings Details
11/20/2014Q215$0.51$0.48$1.05 billion$1.10 billionViewN/AView Earnings Details
8/21/2014Q115$0.50$0.50$1.04 billion$1.06 billionViewN/AView Earnings Details
5/22/2014Q414$0.66$0.61$1.13 billion$1.10 billionViewN/AView Earnings Details
2/20/2014Q314$0.57$0.57$1.07 billion$1.08 billionViewN/AView Earnings Details
11/21/2013Q2$0.48$0.48$1,000.00 million$998.80 millionViewListenView Earnings Details
8/22/2013Q1 2014$0.48$0.46$914.57 million$880.10 millionViewN/AView Earnings Details
5/23/2013Q4 2013$0.62$0.62$969.44 million$964.90 millionViewN/AView Earnings Details
2/21/2013Q3 2013$0.52$0.52$907.54 million$915.86 millionViewN/AView Earnings Details
11/20/20120.44$0.44$867.19 millionViewN/AView Earnings Details
8/23/2012Q113$0.49$0.45$883.19 million$889.23 millionViewN/AView Earnings Details
5/24/2012$0.56$0.61ViewN/AView Earnings Details
2/23/2012$0.50$0.50ViewN/AView Earnings Details
11/22/2011$0.47$0.46ViewN/AView Earnings Details
8/25/2011$0.44$0.45ViewN/AView Earnings Details
5/26/2011$0.51$0.53ViewN/AView Earnings Details
2/24/2011$0.48$0.47ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Patterson Companies (NASDAQ:PDCO)
2017 EPS Consensus Estimate: $2.31
2018 EPS Consensus Estimate: $2.42
2019 EPS Consensus Estimate: $2.78
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.49$0.51$0.50
Q2 20173$0.59$0.62$0.60
Q3 20173$0.55$0.57$0.56
Q4 20173$0.64$0.65$0.64
Q1 20182$0.45$0.50$0.48
Q2 20182$0.57$0.59$0.58
Q3 20182$0.62$0.63$0.63
Q4 20182$0.74$0.74$0.74
Q1 20191$0.62$0.62$0.62
Q2 20191$0.69$0.69$0.69
Q3 20191$0.68$0.68$0.68
Q4 20191$0.79$0.79$0.79
(Data provided by Zacks Investment Research)


Current Dividend Information for Patterson Companies (NASDAQ:PDCO)
Most Recent Dividend:4/28/2017
Annual Dividend:$0.96
Dividend Yield:2.15%
Payout Ratio:44.65% (Trailing 12 Months of Earnings)
41.92% (Based on This Year's Estimates)
40.51% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Patterson Companies (NASDAQ:PDCO)

Dividend History by Quarter for Patterson Companies (NASDAQ:PDCO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Patterson Companies (NASDAQ:PDCO)
Insider Ownership Percentage: 0.46%
Institutional Ownership Percentage: 82.97%
Insider Trades by Quarter for Patterson Companies (NASDAQ:PDCO)
Institutional Ownership by Quarter for Patterson Companies (NASDAQ:PDCO)
Insider Trades by Quarter for Patterson Companies (NASDAQ:PDCO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/9/2017James W WiltzDirectorSell5,000$44.52$222,600.00View SEC Filing  
3/2/2017Ellen A RudnickDirectorSell3,000$45.70$137,100.00View SEC Filing  
3/1/2017James W WiltzDirectorSell10,000$45.65$456,500.00View SEC Filing  
2/28/2017James W. WiltzDirectorSell40,000$45.29$1,811,600.00View SEC Filing  
12/7/2016John D BuckDirectorBuy2,500$39.98$99,950.00View SEC Filing  
8/29/2016Ann B GuginoInsiderSell750$46.22$34,665.00View SEC Filing  
5/31/2016Ann B GuginoCFOSell750$48.86$36,645.00View SEC Filing  
9/25/2015James W WiltzDirectorSell5,000$45.14$225,700.00View SEC Filing  
9/24/2015Jerome E ThygesenVPSell3,760$45.00$169,200.00View SEC Filing  
9/11/2015Ellen A. RudnickDirectorSell12,000$45.45$545,400.00View SEC Filing  
12/1/2014George L HenriquesInsiderSell8,000$48.20$385,600.00View SEC Filing  
6/9/2014Sean M MunizVPSell1,095$39.58$43,340.10View SEC Filing  
3/6/2014George HenriquesInsiderSell3,022$41.74$126,138.28View SEC Filing  
12/6/2013George HenriquesInsiderSell7,700$41.73$321,321.00View SEC Filing  
11/26/2013Ann GuginoVPSell1,008$41.43$41,761.44View SEC Filing  
9/16/2013Charles ReichDirectorSell43,831$41.20$1,805,837.20View SEC Filing  
9/12/2013Harold C SlavkinDirectorSell12,000$41.02$492,240.00View SEC Filing  
9/5/2013Ellen A RudnickDirectorSell12,000$40.00$480,000.00View SEC Filing  
9/3/2013Andre LacyDirectorSell12,000$39.88$478,560.00View SEC Filing  
8/27/2013Ann GuginoVPSell3,121$40.11$125,183.31View SEC Filing  
9/18/2012Harold C SlavkinDirectorSell2,844$34.36$97,719.84View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Patterson Companies (NASDAQ:PDCO)
Latest Headlines for Patterson Companies (NASDAQ:PDCO)
DateHeadline logoPatterson Companies, Inc. (PDCO) Issues FY18 Earnings Guidance - May 25 at 9:28 AM logoPatterson Companies, Inc. (PDCO) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS - May 25 at 8:59 AM logoEquities Analysts Offer Predictions for Patterson Companies, Inc.'s Q1 2019 Earnings (PDCO) - May 24 at 2:38 PM logoPatterson Companies, Inc. to Post Q3 2019 Earnings of $0.68 Per Share, Northcoast Research Forecasts (PDCO) - May 23 at 2:50 PM logoPatterson Companies (PDCO) Q4 Earnings: What's in Store? - May 22 at 9:41 AM logo$1.47 Billion in Sales Expected for Patterson Companies, Inc. (PDCO) This Quarter - May 20 at 7:14 AM logoPatterson Companies Announces Upcoming Investor Conference Schedule - May 19 at 11:54 AM logoPatterson Companies, Inc. (PDCO) Expected to Announce Earnings of $0.65 Per Share - May 18 at 10:29 AM logoZacks Investment Research Lowers Patterson Companies, Inc. (PDCO) to Hold - May 15 at 1:56 PM logoPatterson Companies, Inc. (PDCO) to Post Q2 2018 Earnings of $0.59 Per Share, Northcoast Research Forecasts - May 15 at 9:14 AM logoPatterson Companies, Inc. (PDCO) Expected to Earn Q4 2017 Earnings of $0.64 Per Share - May 12 at 3:24 PM logoPatterson Companies Fourth-Quarter Fiscal 2017 Conference Call Scheduled for Thursday, May 25, 2017 - May 11 at 7:38 PM logoPatterson Cos., Inc. breached its 50 day moving average in a Bearish Manner : PDCO-US : May 9, 2017 - May 9 at 11:12 AM logoPatterson Companies, Inc. (PDCO) Sees Large Growth in Short Interest - May 5 at 12:24 PM logoPatterson Companies, Inc. (PDCO) Earns "Hold" Rating from Jefferies Group LLC - May 5 at 12:12 PM logoPatterson Companies, Inc. (PDCO) Receives Average Rating of "Hold" from Analysts - May 2 at 8:02 AM logoAlex N. Blanco Elected to Patterson Companies’ Board of Directors - May 1 at 6:08 PM logoPatterson Cos., Inc. – Value Analysis (NASDAQ:PDCO) : May 1, 2017 - May 1 at 6:08 PM logoNorthcoast Research Weighs in on Patterson Companies, Inc.'s FY2017 Earnings (PDCO) - May 1 at 9:39 AM logoZacks: Brokerages Anticipate Patterson Companies, Inc. (PDCO) Will Post Quarterly Sales of $1.48 Billion - April 29 at 8:33 AM logoQ2 2018 EPS Estimates for Patterson Companies, Inc. Lifted by Northcoast Research (PDCO) - April 28 at 10:58 PM logoPatterson Cos., Inc. breached its 50 day moving average in a Bullish Manner : PDCO-US : April 28, 2017 - April 28 at 8:29 AM logoZacks: Brokerages Anticipate Patterson Companies, Inc. (PDCO) Will Announce Earnings of $0.65 Per Share - April 27 at 7:13 PM logoSomewhat Critical Press Coverage Very Likely to Affect Patterson Companies (PDCO) Share Price - April 27 at 4:34 PM logoPatterson Companies (PDCO) Earning Somewhat Negative News Coverage, Analysis Finds - April 24 at 6:31 PM logoPatterson Companies (PDCO) Getting Very Positive News Coverage, Report Shows - April 21 at 5:27 PM logoPatterson Companies (PDCO) Earning Favorable Press Coverage, Analysis Finds - April 18 at 5:04 PM logo5 Reasons Investors Should Own More Mid-Cap Stocks - April 18 at 9:51 AM logoPatterson Cos., Inc. : PDCO-US: Dividend Analysis : April 14th, 2017 (record date) : By the numbers : April 17, 2017 - April 17 at 6:18 PM logoPatterson Companies, Inc. (PDCO) Lifted to Outperform at Robert W. Baird - April 16 at 8:46 AM logoPatterson Companies (PDCO) Receives Coverage Optimism Score of 0.56 - April 15 at 9:02 AM logoPatterson Companies, Inc. (PDCO) Coverage Initiated by Analysts at Craig Hallum - April 11 at 5:14 PM logo Brokerages Expect Patterson Companies, Inc. (PDCO) Will Post Quarterly Sales of $1.48 Billion - April 8 at 9:44 AM logoEx-Dividend Reminder: Patterson Companies, AbbVie and Abbott Laboratories - April 7 at 11:49 AM logo$0.65 EPS Expected for Patterson Companies, Inc. (PDCO) This Quarter - April 6 at 5:19 PM logoPatterson Companies, Inc. (PDCO) Receives Consensus Recommendation of "Hold" from Analysts - April 5 at 10:04 AM logoPatterson Companies' (PDCO) "Hold" Rating Reiterated at Jefferies Group LLC - March 29 at 10:16 PM logoShort Interest in Patterson Companies, Inc. (PDCO) Decreases By 10.4% - March 27 at 8:05 AM logoDENTSPLY SIRONA: Cleaning Up Market Share - March 17 at 8:09 AM logoPatterson (PDCO) Rewards Shareholders with 8% Dividend Hike - Nasdaq - March 15 at 7:20 PM logoCoverage initiated on Patterson Companies by Deutsche Bank - March 15 at 7:20 PM logoPatterson Companies Increases Cash Dividend by 8 Percent - March 14 at 6:38 PM logoPatterson Companies to announce dividend increase - March 11 at 6:58 PM logoPATTERSON COMPANIES, INC. Financials - March 11 at 6:58 PM logoPATTERSON COMPANIES, INC. Files SEC form 10-Q, Quarterly Report - March 8 at 3:52 PM logoPatterson Cos. Could Hike Dividend Soon - March 7 at 7:00 PM logoPATTERSON COMPANIES, INC. Files SEC form 8-K, Other Events - February 28 at 1:58 PM logoCommit To Buy Patterson Companies At $41, Earn 6.7% Annualized Using Options - February 24 at 8:12 PM logoEdited Transcript of PDCO earnings conference call or presentation 23-Feb-17 3:00pm GMT - February 24 at 12:15 AM logoPatterson Companies Inc. Reports 15% Drop In Q3 Profit - February 23 at 7:14 PM



Patterson Companies (PDCO) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by Staff